Defense spending 2024

Content:

Original link: Ranked: The 15 Largest Defense Budgets in the World / VisualCaptalist.

Two notes:

• one dollar in a country with low wages and low cost of living provide more military power than one dollar in a country with high wages and high cost of living
• actual defense spending can be higher than the official defense budget in countries where industries providing products and services to the military are state owned because the official prices can be artificial low

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